President, Congress urged to prevent additional PAYGO cuts to Medicare
A bipartisan group of 113 House members yesterday urged President Biden and congressional leaders to prevent additional impending Medicare cuts from going into effect, including the Statutory Pay-As-You-Go sequester.
“Providers will face cuts of more than 10% to Medicare payments on Jan. 1, 2023, which includes the 2% sequestration policy already in effect,” states the letter led by Reps. Susan Wild, D-Pa., and Mariannette Miller-Meeks, R-Iowa. “We are opposed to paying for preventing these cuts with additional provider cuts. The combination of skyrocketing expenses, significant staffing shortages and looming cuts to Medicare payments will only make a bad situation far worse – especially for seniors in rural and underserved areas who continue to face health care access issues.”
Lisa Kidder Hrobsky, AHA senior vice president of legislative and political affairs, said AHA appreciates Reps. Wild and Miller-Meeks’ “leadership in addressing the unprecedented financial challenges facing hospitals and health systems, which threaten to jeopardize access to critical services. Medicare cuts — on top of the current sequestration cuts and increased expenses from supply chain disruptions, workforce shortages, and labor and drug costs — would be devastating to America’s hospitals and health systems and the patients that rely on them.”